The stock quoted a 52-week high of Rs 2480.0 and a 52-week low of 1289.7. About 4,940 shares changed hands on the counter so far.
Benchmark Nifty50 was up 56.0 points at 17132.25, while the BSE Sensex traded 163.78 points higher at 57501.99 at the time of writing of this report.
In the Nifty pack, 32 stocks traded the day in the green, while 17 were in the red.
Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 3930.49 crore, down 9.35 per cent from the previous quarter’s Rs 4335.94 crore and down 48.12 per cent from the year-ago quarter. The company reported net profit of Rs 569.42 crore for the latest quarter.
Promoter Holdings
Promoters held 54.53 per cent stake in the company as of 30-Jun-2021, while FIIs held 23.67 per cent and MFs 8.46 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1909.88 on September 02, while the 50-DMA was at Rs 2232.24. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
